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Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) 5-Year Yield-on-Cost % : 2.92 (As of Jun. 07, 2024)


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What is Hunan New Welllink Advanced Metallic Material Co 5-Year Yield-on-Cost %?

Hunan New Welllink Advanced Metallic Material Co's yield on cost for the quarter that ended in Mar. 2024 was 2.92.


The historical rank and industry rank for Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost % or its related term are showing as below:

BJSE:871634' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.88   Med: 2.92   Max: 4.23
Current: 2.92


During the past 10 years, Hunan New Welllink Advanced Metallic Material Co's highest Yield on Cost was 4.23. The lowest was 1.88. And the median was 2.92.


BJSE:871634's 5-Year Yield-on-Cost % is ranked better than
56.12% of 1062 companies
in the Chemicals industry
Industry Median: 2.35 vs BJSE:871634: 2.92

Competitive Comparison of Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost %

For the Specialty Chemicals subindustry, Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hunan New Welllink Advanced Metallic Material Co's 5-Year Yield-on-Cost % falls into.



Hunan New Welllink Advanced Metallic Material Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Hunan New Welllink Advanced Metallic Material Co is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Hunan New Welllink Advanced Metallic Material Co  (BJSE:871634) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Hunan New Welllink Advanced Metallic Material Co 5-Year Yield-on-Cost % Related Terms

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Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lulong Road, No. 905, Building A, Lugu Coordinates, Lugu High-tech Development Zone, Hunan Province, Changsha City, CHN, 410205
Hunan New Welllink Advanced Metallic Material Co Ltd engages in research and development, production, and sales of zinc metals such as spherical zinc powder, flake zinc powder, and irregular zinc powder.

Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) Headlines

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